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Global Market: Citi joins London's bullion clearing network in major precious metals expansionCiti has joined London's over-the-counter gold market clearing network, becoming the fifth bank to do so. This significant move expands the...- Saudi sovereign wealth fund PIF to sell 10-year US-dollar bondSaudi Arabia's almost $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), opened books for a 10-year U.S. dollar-denominat...
- Banks divert gold supply from India to China, Turkey: ReportThat could create scarcity in the world's second-biggest market for gold, and force Indian buyers to start paying hefty premiums for suppli...
- Outperformed, China hears calls to learn from India's mature stock marketImpressed with India's mature stock market, China is not only investing but also willing to learn from it.
- Rising gold dore imports to India to dent banks' market shareThe rising dore imports should reduced the market share of refined gold-supplying banks such as JPMorgan, ICBC Standard, Scotiabank, UBS, H...
- Pakistan borrows $500 million from China to shore up its reservesIn January, the country took a total of $704 million worth of new loans, taking foreign borrowings to $6.6 billion in just seven months of ...
- NCLT admits insolvency plea against Alok IndustriesAjay Joshi will help draw up a plan to run the company's day-to-day operations for the next 30 days.
- NCLT Court admits Alok Industries for bankruptcyAn application for insolvency was filed on June 29 by State Bank of India—one of the lenders to the company—which is taking the lead in rec...
- BRICS bank issues yuan-denominated green bondsThe bank jointly founded by the BRICS and headquartered in Shanghai, plans to issue 3 billion yuan worth of five-year bonds denominated in ...
- Chinese lenders like ICBC, CDB gradually increasing India exposureThe trend highlights the rising presence of Chinese banks in India as they try to play a larger role in supporting Chinese biz interests.
- RCom undersea cable unit IPO approved, launch likely in 5 weeksR-Comm today said the Singapore Exhange has approved IPO of its undersea cable unit which is likely to be launched in four to five weeks.
- Reliance Communications undersea cable unit's IPO launch likely in 5 weeksReliance Communications is likely to launch the estimated Rs 5,000 crore IPO of its undersea cable unit on Singapore stock exchange in four...
- Road show next week for RCom's Flag Tele listing in SingaporeFirst round of global roadshows for the listing of RCom's undersea cable unit Flag Telecom on the Singapore Stock Exchange is likely to beg...
- China buys into S Africa's biggest lenderA major Chinese bank said Tuesday it has bought a 20 percent stake in South Africa's largest lender for US$4.75 billion (euro3.1 billion), ...
- China biggest bank to buy 20 pc stake in Standard BankChina's biggest bank, the Industrial and Commercial Bank of China, (ICBC), on Sunday said it has received approval to buy a 20 per cent sta...
- China's largest bank ICBC looking for more acquisitionsChina's largest bank, ICBC, is on the prowl for acquiring more foreign banks, including the ones in the US currently hit by the sub prime c...
- Chinese banks look to invest in Standard Chartered: ReportChina's three leading banks have approached Temasek, Singapore's state investment agency, over the acquisition of its stake in Standard Cha...
- For Chinese cos, politics comes secondChina’s government may have high-profile political and strategic reasons for seeking closer ties with Africa, but its companies are on the ...
- Chinese bank to buy stake in SA bank for $5.5 bn dealChina's biggest bank said on Thursday it will buy a 20 per cent stake in South Africa's biggest lender for $5.5 billion (euro3.9 billion) a...
- Chinese bank lines up world's largest IPOIndustrial & Commercial Bank of China, the nation’s biggest by assets, plans to raise as much as $19.1bn in the world’s largest initial pub...
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